Best Buy CEO Doesn’t Expect “Huge Lift” From iPhone 6

Best Buy CEO Hubert Joly told investors he doesn’t expect a “huge lift” in sales from the upcoming release of the new iPhones, according to Bloomberg.

The struggling electronics retailer had earlier in the year displayed cautious excitement over what new Apple products could mean to its sales. But Joly said the impact from phones coming out this year will be minimized because many consumers already have them and Best Buy is unsure about how many devices it will receive.